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  1. #1
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    Default What is required for Rental property when self Employed

    Hi Ladies

    I am looking for some information from those in Realestate.

    What documentation would be required for a rental property if you are self employed.

    Both DH and I have been self employed for the past 12 months so not much history, previously my DH has always been in a job so had that for our Application but now with both of us Self employed not sure where we will stand on an application.

    Thanks

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    BH-KatiesMum is offline Community Manager
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    I dont know - but I would think bank statements showing regular savings/rental payment history would be good enough mostly.

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    We require the last 3 tax returns for the business , rental history if you have it (get your ledger from your agent) and yes proof of income which bank statements are better than pay slips

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    Quote Originally Posted by Elijahs Mum View Post
    We require the last 3 tax returns for the business , rental history if you have it (get your ledger from your agent) and yes proof of income which bank statements are better than pay slips
    Thank you, we currently don't have 3 tax returns for the business, we have always had good rental history and have bank statements. Would there be anything else we could use?

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    Your BAS statements ? We need proof of income to show you are capable of paying the rent and that your business is doing well enough to support you

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    Hubby and I are self employed and just had to give a letter from our accountant stating our estimated annual income plus previous rental history


 

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